Mitsubishi Research Institute, Inc. (TYO:3636)
Japan flag Japan · Delayed Price · Currency is JPY
4,870.00
-280.00 (-5.44%)
Nov 6, 2026, 3:30 PM JST

TYO:3636 Financials Overview

Millions JPY. Fiscal year is Oct - Sep.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Sep '26 Sep '25 Sep '24 Sep '23 Sep '22
Revenue
126,059126,059121,458115,362122,126116,620
Revenue Growth
3.79%3.79%5.28%-5.54%4.72%13.19%
Gross Profit
28,90528,90528,74025,42025,98426,581
Operating Income
8,3968,3968,0127,0628,6899,166
Net Income
6,4216,4216,3865,0036,2877,707
Earnings Per Share
407.52407.52405.54316.43392.25474.66
EPS Growth
0.49%0.49%28.16%-19.33%-17.36%53.81%

Revenue by Segment

Fiscal Year
FY 2025FY 2024FY 2023FY 2022
Period EndingSep '25 Sep '24 Sep '23 Sep '22
IT Service
75,76071,37273,14069,531
Think Tank Consulting Service
47,18145,48750,53548,616
Unallocated Adjustment
-1,483-1,497-1,550-1,527
Total
121,458115,362122,125116,620

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Sep '26 Sep '25 Sep '24 Sep '23 Sep '22
Cash & Investments
32,37832,37830,31030,92725,22633,157
Total Debt
1,1951,1951,0361,1112,0873,529
Net Cash (Debt)
31,18331,18329,27429,81623,13929,628
Net Cash Growth
6.52%6.52%-1.82%28.86%-21.90%21.07%
Net Cash Per Share
1979.071979.071859.021885.781443.661824.72

Cash Flow & CapEx

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Sep '26 Sep '25 Sep '24 Sep '23 Sep '22
Operating Cash Flow
7,8097,8096,42213,5355,6959,256
Capital Expenditures
-2,349-2,349-3,615-1,357-2,603-1,312
Free Cash Flow
5,4605,4602,80712,1783,0927,944
Free Cash Flow Growth
94.51%94.51%-76.95%293.86%-61.08%245.24%

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Sep '26 Sep '25 Sep '24 Sep '23 Sep '22
Gross Margin
22.93%22.93%23.66%22.04%21.28%22.79%
Operating Margin
6.66%6.66%6.60%6.12%7.12%7.86%
Pretax Margin
7.46%7.46%8.43%6.92%7.88%10.43%
Profit Margin
5.09%5.09%5.26%4.34%5.15%6.61%
FCF Margin
4.33%4.33%2.31%10.56%2.53%6.81%

Dividends

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Sep '26 Sep '25 Sep '24 Sep '23 Sep '22
Dividend Per Share
165.000-165.000160.000150.000140.000
Dividend Per Share Growth
9.09%-3.13%6.67%7.14%21.74%
Dividend Yield
3.39%-3.19%3.85%3.10%3.14%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Sep '26 Sep '25 Sep '24 Sep '23 Sep '22
PE Ratio
11.9511.8512.7813.0912.249.39
Forward PE
11.1911.2013.6911.0911.819.95
P/FCF Ratio
14.0613.9429.075.3824.899.11
PS Ratio
0.610.600.670.570.630.62